The Town of Weddington is excited to announce the purchase of 3.232 acres of property located at 6924 Matthews-Weddington Road. This property sits adjacent to the current town hall and directly behind Weddington Corners Shopping Center.
The property was purchased from long-standing Weddington residents Ella Virginia Matthews and Kenneth Jeffrey Matthews, and has been in the JT Matthews family since February 9, 1932.
Purchase Price: The purchase price was $593,250.00 and was paid in full out of the Town’s fund balance. Our fund balance is set aside for just these types of opportunities, to assist with infrastructure expenditures, and for strategic long-range planning initiatives.
Why did the Town purchase the property?
The purchase of this property provides the Town a combined total of 5.322 contiguous acres in the center of our downtown district. The property provides our community with many wonderful growth opportunities. Examples include:
- Expansion of the town hall facilities if needed
- Green space
- A potential town park
- Expanded area to support town events, and other outdoor activities for our town residents.
The Town would also like to recognize the Matthews family for a generous $35,000 charitable contribution to the Town of Weddington.
For additional questions, please contact Mayor Bill Deter, your Council Member or our Town Planner / Administrator Lisa Thompson.